Analysis of Slack share price

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Before you begin to take a position on Slack's share price, we recommend that you read this article which we have dedicated entirely to this stock. You will find various information about this American company with details of its various activities and sources of income, its main competitors on the market and the strategic partnerships it has recently set up. Of course, we will also provide you with some important stock market data about this group as well as our advice on how to carry out your fundamental analysis of this stock with the events and publications to follow.  

Elements that can influence the price of this asset:

Analysis N°1

First of all, and given that technological innovation is at the heart of Slack's activities, the company's investments in R&D will be monitored with great interest in order to remain at the forefront of the best in this sector.

Analysis N°2

The communication and marketing strategy that the Slack Group has been developing for several years now is also an interesting indicator to follow to predict the evolution of this action.

Analysis N°3

The partnerships that the Slack Group is setting up, particularly with other technology giants, will also have a positive influence on its sales and help to make its products better known and more accessible.

Analysis N°4

Of course, we will also keep an eye on the competition in this sector and on the various software solutions that could take market share from Slack.

Analysis N°5

Of course, the Group's financial results will also have to be monitored with the quarterly and annual publications. These results can be compared with the targets set by the Group and with analysts' forecasts.

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76.4% of retail investor accounts lose money when trading CFDs with this provider.

General presentation of the Slack company :

Let's now take the time to learn a little more about the Slack Technologies group in order to better understand how this company can position itself and evolve in its sector of activity.

Slack Tcehnologies Inc. is an American company specialized in the IT sector. More precisely, this group offers a team communication tool called Slack.

This platform thus consists of a set of open and documented application programming interfaces or APIs, development tools and an application directory that lists the applications that have met the guidelines.

Slack member companies and organizations can use this platform to create internal applications and integrations, from simple notifications to complex internal workflows.

As a result, third-party developers create integrations and applications that make it easier for existing customers to engage with their products and find new customers. Slack is thus a layer of business technology where people can work together by connecting all their other software tools and services and can find the information they need.

The Slack Group currently employs 2,045 people worldwide.


The strategic alliances set up by the Slack Group :

Now that you know who Slack's main opponents in the market are, we invite you to find out who its allies are with a few examples of recent large-scale partnerships.


Know the competition of the Slack stock:

Of course, Slack Technologies operates in a particularly competitive sector. It is therefore necessary to know its various competitors on the market before implementing an investment strategy. Here are the main ones:

Frequently Asked Questions

Is the Slack company currently profitable?

As you probably know, companies are not necessarily profitable in the first few years of operation. As for the Slack Group, despite a turnover of more than 401 million dollars in the last fiscal year, i.e. for the year 2019, the group recorded a negative net result with - 141 million dollars. This is undoubtedly due to the major investments that have been made by this company and which should therefore bear fruit later.

Is it possible to trade Slack stock without buying it?

Buying stocks through stock market investment products is not the only solution you have for investing on the price of securities like Slack. It is indeed possible to take advantage of the price movements of this security without buying it and by going through CFD contracts which are like betting on the rise or fall of this security, directly online.

What types of analysis should be used for the Slack share?

In order to best anticipate future changes in Slack's share price, we recommend that you focus on three main types of analysis: fundamental, technical and financial. This will give you the best chance of obtaining quality and reliable signals for your strategies.

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Trade the Slack share!
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.